Question 3: The following trial balance of The Shire Golf Club was extracted from the books as on31 December 20X3: DESCRIPTION DEBITE CREDITE Clubhouse 142000 Equipment 18600 Profits from raffles 6508 Subscriptions received 183400 Wages of bar staff 29200 Bar stock 1 january 2003 9400 Bar purchases and sales 41300 84600 Greenkeepers wages 21500 Golf professionals salary 37000 General expenses Cash at bank Accumulated fund at 1st January 2003 29326 303834 303834 910 3924 Notes: a) Bar purchases and sales were on cash basis. Bar stocks at 31 december 2003 were valued at 6410. b) Subscriptions paid in advance by members at 31 december 2003 amounted at 1870. c) Provided for depreciation 2400. Required: 1. Draw up the bar trading accounting for the year ended 31 december 2003. 2. Draw up the income and expenditure account for the year ended 31 december 2003 and a balance sheet as at 31 December 2003